Shell sells 315 stations

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A whole convenience store chain switched owner today.

Shell sells 315 Danish stations to Canadian Alimentation Couche-Tard.

“After a year of uncertainty about the future, we are pleased to announce both the employees and the environment on the sales contract. Couche-Tard is an ambitious and skilled company that is well known in Shell in that they are already operating over 1,000 Shell-branded service stations in North America,” says Regitze Reeh, Shell’s communications director.

In 2012 Couche-Tard took over Statoil petrol stations in Denmark.

Besides Statoil stations in Denmark, Couche-Tard operates stations in Norway, Sweden, Poland, Estonia, Latvia, Lithuania and Russia

“This acquisition is a great addition to our network in Scandinavia. It represents an excellent strategic fit with our business,” says Jacob Schram, Couche-tards director in Europe.

The Shell brand will remain visible in Denmark through the Shell-branded retail network..

Shell came to Denmark in 1913, but has in recent years sold thousands of loss-making stations.

The largest chain in Denmark is OK with 670 stations.